ITR Filing 2025 : Last Date, Due Date, Process, Penalty and Latest Income Tax Return Updates ITR Filing 2025 Last Date, Due Date, Process, Late Filing Penalty: Taxpayers must report any foreign assets or income , such as foreign bank accounts or property, on their annual income tax forms, as failure to do so may result in severe penalties and legal implications. 119 of the Income - tax Act,1961 (the Act), hereby extends the due date for furnishing Income Tax Return (ITR) for the Previous Year 2024-25 (Assessment Year 2025 -26) for the assessees referred in clause (a) of Explanation 2 to sub-section (1) of section 139 of the Act, from 3 l51 October, 2025 to 10th December, 2025 . The Central Board of Direct Taxes (CBDT), the highest authority for tax rules in India , has announced that the last date to file Income Tax Returns for AY 2025 -26 is extended from 31st July 2025 to 15th September 2025 . The last date to file Income Tax Returns (ITR) for FY 2024–25 (AY 2025 –26) is 15 September 2025 . Filing is now simpler with pre-filled forms and faster online processing.
